There are huge downsides to going public, including a raft of laws related to financial disclosures. Bottom-scraper The Orchard (ORCD) eventually quit this game and closed its books to the world, while Pandora (P) is now showing us its non-profitability for the first time.
And, here's the list of music companies about to show us morefor better or for worse. Consensus earnings data from Zacks Earnings Consensus (zacks.com).
Apple (AAPL): July 19th, consensus +$5.81 per share.
SanDisk (SNDK): July 21st, consensus +$0.95.
Amazon (AMZN): July 26th, consensus +$0.36.
CBS Corporation (CBS): August 2nd, consensus +$0.45.
Live Nation (LYV): August 4th, consensus +$0.02.
Saga Communications (SGA): August 4th, consensus +$0.89.
Rovi Corporation (ROVI): August 9th, consensus +$0.49.
Sirius XM Radio (SIRI): August 10th, consensus +$0.01.
Nielsen (NLSN): July 28th, consensus +$0.38.
RealNetworks (RNWK): July 22nd, consensus -$0.03.
Warner Music Group (WMG): August 4th, consensus -$0.35.
Hastings Entertainment (HAST): August 15th, consensus -$0.03.
Hot Topic (HOTT): August 15th, consensus -$0.09.
Break-Even:
Radio One, Inc. (ROIA): August 16th, consensus $0.00
And, here's a complete wrap on all Wall Street music stocks last week.
And, here's the list of music companies about to show us morefor better or for worse. Consensus earnings data from Zacks Earnings Consensus (zacks.com).
Apple (AAPL): July 19th, consensus +$5.81 per share.
SanDisk (SNDK): July 21st, consensus +$0.95.
Amazon (AMZN): July 26th, consensus +$0.36.
CBS Corporation (CBS): August 2nd, consensus +$0.45.
Live Nation (LYV): August 4th, consensus +$0.02.
Saga Communications (SGA): August 4th, consensus +$0.89.
Rovi Corporation (ROVI): August 9th, consensus +$0.49.
Sirius XM Radio (SIRI): August 10th, consensus +$0.01.
Nielsen (NLSN): July 28th, consensus +$0.38.
RealNetworks (RNWK): July 22nd, consensus -$0.03.
Warner Music Group (WMG): August 4th, consensus -$0.35.
Hastings Entertainment (HAST): August 15th, consensus -$0.03.
Hot Topic (HOTT): August 15th, consensus -$0.09.
Break-Even:
Radio One, Inc. (ROIA): August 16th, consensus $0.00
And, here's a complete wrap on all Wall Street music stocks last week.